Michigan State University Economics Professor Charles Ballard says the impact on people in the Wolverine state will depend on what tax bracket they are already in.

“If you got a lot of wealth it’s good for you because it would repeal the estate tax. But that only applies to married couples with more than $11 million, so that’s a very small portion of the population,” Ballard says. “If you have a big stock market portfolio it’s good for you because the corporate tax cut is likely to boost the stock market. For the average person it really doesn’t do a whole lot.”

Ballard defines “average” workers as those earning between $40,000 and $70,000 a year.

Republicans like Michigan Congressman Fred Upton counter that the plan will aid those workers because it will help companies create more jobs.

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